Differential Multipliers for Tourism in Victoria

1997 ◽  
Vol 3 (1) ◽  
pp. 57-68 ◽  
Author(s):  
Guy R. West ◽  
Ari Gamage
Keyword(s):  
Economic Impacts ◽  
Value Added ◽  
The State ◽  
Input Output ◽  
Relative Contribution ◽  
State Economy ◽  
Different Types

This study assesses the significance of different types of tourists to Victoria, Australia, by their relative contribution to the economy. Differential impacts are calculated using an input–output model incorporating marginal household coefficients. The analysis demonstrates that the conventional input–output model can overestimate the flow-on effects to value added, income and employment by a significant amount. It finds that domestic tourists are the largest contributor to the State economy, with day-trippers spending the greatest amount. International tourists rank last in terms of economic impacts on the state.

scholarly journals Methodology for Measuring Output, Value Added, and Employment Impacts of State Highway and Bridge Construction Projects

2012 ◽  
Vol 50 (1) ◽  
Author(s):  
Michael W. Babcock ◽  
John C. Leatherman
Keyword(s):  
Construction Projects ◽  
Economic Impacts ◽  
Value Added ◽  
Input Output ◽  
State Highway ◽  
Step Procedure ◽  
Highway Planning ◽  
Using Data ◽  
Departments Of Transportation ◽  
Employment Impacts

The purpose of this paper is to present a methodology to measure some of the economic impacts of state highway programs. State departments of transportation (DOTs) need such a methodology for a variety of reasons, including long-term highway planning as well as advising state policymakers concerning the economic impacts of highway programs. The specific objectives of this study are: (1) describe a procedure to measure the output, value added, and employment impacts of specific types of highway and bridge improvement, and (2) illustrate an application of the model using data from Kansas. The objectives of the research are accomplished with input-output modeling. An 11-step procedure is described for adjusting the Kansas IMPLAN input-output model so that it is capable of measuring economic impacts for specific types of highway and bridge improvement. The model is illustrated using data from a recently completed study of the Kansas Comprehensive Transportation Program (CTP), which included expenditure of $5.24 billion on state highway system projects. Data from this study are used to demonstrate the calculation of output, value added, and employment impacts for five different highway and bridge improvement categories.

scholarly journals Regional Economic Impacts of Natural Resources: The Case of Petroleum, and Forestry and Logging in Sarawak

2020 ◽  
Vol 21 (2) ◽  
pp. 898-916
Author(s):  
Chakrin Utit ◽  
M. Yusof Saari ◽  
Muhammad Daaniyall Abd Rahman ◽  
Muzafar Shah Habibullah ◽  
Umi Zakiah Norazman
Keyword(s):  
Natural Resources ◽  
Economic Impacts ◽  
Value Added ◽  
The State ◽  
Local Economy ◽  
Skilled Workers ◽  
Location Quotient ◽  
Job Opportunities ◽  
Study Results ◽  
Oil And Natural Gas

Extraction of natural resources has created significant contribution to the Malaysian economy as a whole. However, the growth and development of the industry do not necessarily bring considerable economic linkages to the local economy where the industry is located, thus fail to contribute to the welfare of local households. This paper validates this claim by examining the economic impacts of Crude Oil and Natural Gas; Petroleum Refinery; and Forestry and Logging industries on the state of Sarawak. For an empirical analysis, a regional input-output model that developed by using a so-called Simple Location Quotient technique, is used as the main methodology in this study. Results are consistent with our claim that the three industries show significant impacts on growth that measured by value added. However, socio-economic impacts that measured by employment are considerably low. The lower employment impacts can be supported by the two stylized facts. First, the extraction of natural resources is capital-intensive production. The activity requires skilled workers, which might be one of the factors contributing to lower income and job opportunities. Second, the industries are highly dependent on inputs from other states and from abroad, which eventually creates lower economic spill over effects within the state economy.

Economic Contributions of West Virginia's Forest Products Industry Over Time: A Look at 2006, 2010, 2015, and 2017 Data

2020 ◽  
Vol 70 (2) ◽  
pp. 200-212
Author(s):  
C. Clinton Gabbert ◽  
Kathryn Gazal ◽  
Joseph McNeel
Keyword(s):  
Value Added ◽  
Forest Products ◽  
Solid Wood ◽  
The State ◽  
Wood Products ◽  
Forest Products Industry ◽  
Industry Growth ◽  
Emerging Industries ◽  
State Economy ◽  
Industry Automation

Abstract West Virginia's forest products industry (FPI) has long been viewed as an important industry to the state. However, there is a lack of recent data regarding the economic contribution of the industry to the state's economy. The housing market collapse of the mid-2000s, subsequent recession, continued increasing global competition, natural gas boom, and other macroeconomic trends have affected the FPI in the state. The continuing evolution of the state economy necessitates a reexamination of the role the FPI plays in the state. Thus, this article examines the historical contribution of the FPI to West Virginia's economy using 2006, 2010, 2015, and 2017 data. Both the direct and total economic contributions of the industry substantially declined from 2006 to 2010. The largest declines were experienced in the secondary solid-wood products and wood furniture sectors. Between 2010 and 2015, the industry's direct and total contributions rose for all measures evaluated. Between 2015 and 2017, all measures of direct and total contributions of the industry also increased but at a much slower pace and remained lower than 2006 levels. The inability of the FPI in the state to return to 2006 levels of direct contributions suggests that long-term industry trends such as the continued offshoring of value-added forest products sectors and increased industry automation are still putting negative pressure on direct industry growth. Additionally, the industry is facing new challenges such as uncertainty about the future availability of the foreign markets and competition for resources from emerging industries.

Experiments in Regionalization of a National Input—Output Table

1983 ◽  
Vol 15 (11) ◽  
pp. 1501-1520 ◽  
Author(s):  
C H Sawyer ◽  
R E Miller
Keyword(s):  
Value Added ◽  
The State ◽  
Similar Data ◽  
Input Output ◽  
Location Quotient ◽  
Output Table ◽  
Survey Techniques ◽  
Output Structure ◽  
Series Of Experiments ◽  
Survey Estimates

In this paper the authors present results of a series of experiments in which the input—output structure of the State of Washington (as reflected in 1972 survey-based input—output tables) is approximated from similar data for the nation (as given in the 1967 survey-based US tables). Variants of two kinds of nonsurvey approaches are employed. These are purely-nonsurvey methods (including, for example, adjustments according to simple location quotient measures) and partial-survey techniques (such as the RAS method). Comparisons between nonsurvey results and the Washington data are made on the basis both of regional coefficient matrices and of their Leontief inverses. Comparisons are also made with the results of several other studies that have utilized similar nonsurvey approaches. Certain procedures appear promising, especially when used in combination with survey estimates of regional value added and/or exports.

scholarly journals The Economic Impact Of The Film And Video Production And Distribution Industry On The Charlotte Regional Economy

2011 ◽  
Vol 9 (4) ◽  
pp. 15
Author(s):  
John E. Connaughton ◽  
Ronald A. Madsen
Keyword(s):  
Economic Impact ◽  
Regional Economy ◽  
Economic Impacts ◽  
Value Added ◽  
Video Production ◽  
Metropolitan Regions ◽  
Different Types ◽  
Production And Distribution ◽  
Film And Video ◽  
Total Impact

This report provides measurement of the 2008 economic impacts of the film and video production and distribution industry on the Charlotte regional economy. Officially known as the Charlotte USA Region, this 16 county area is one of Americas fastest-growing metropolitan regions and supports a well established and expanding film and video production and distribution industry. Four different types of economic impacts generated by the film and video production and distribution industry were estimated based on the 2008 information. These impacts include: (1) output impacts; (2) employment impacts; (3) employee and freelancers compensation impacts; and (4) value added impacts. The results are disaggregated to identify the direct economic impact of the film and video production and distribution industry, the indirect (supply chain) impact of the industry, and the induced (re-spending) impact of the industry. The total impact of the industry is then the sum of direct, indirect, and induced impacts.

Development of a State Tax Risk Management System

2020 ◽  
Vol 17 (6) ◽  
pp. 62-75
Author(s):  
A. V. Tikhonova
Keyword(s):  
Risk Management ◽  
General Scheme ◽  
Value Added ◽  
Comparison Method ◽  
The State ◽  
Scientific Methods ◽  
Traceability System ◽  
Road Map ◽  
State Tax ◽  
Presentation Methods

The article is devoted to the development of the concept of the state to manage its tax risks, based on a systematic approach. The author's concept presupposes the presence of the following elements logically arranged according to the principle "from the general to the particular": 1) mechanisms for managing tax risks, 2) disclosing methodological recommendations, 3) specific proposals for changing legislation. To achieve this goal, the author used general scientific methods (deduction and induction, analysis and synthesis, observation, description, generalization) and private scientific methods of cognition (comparison method, graphical and tabular data presentation methods). We have presented a brief overview of the main tax risks of the Russian Federation in the current economic environment, which are classified in four areas: 1) risks in the field of value added taxation; 2) risks in the field of taxation of profits and income; 3) risks, the source of which is Russia's membership in the Eurasian Economic Union; 4) customs risks. The author presents a general scheme of tax risk management by the state, which includes the context, goals and management strategy. The priority mechanisms for managing the tax risks of the state are formulated on the basis of the presented classification of tax risks. These areas include: introduction of an end-to-end product traceability system; substantiation of taxation methods; joint elimination of tax risks (Federal Tax Service, Federal Customs Service, Ministry of Labor, Federal Service for Financial Monitoring); optimization of tax administration costs on the part of both tax authorities and taxpayers; harmonization of indirect taxation, including duty-free trade; harmonization of international tax rules at the international level; selection of the most effective tools for eliminating multiple taxation. A draft "road map" has been developed to improve the management of state tax risks.

Emissions Responsibility and Relative Importance of the Productive Sectors in Turkey: 2002-2011

2014 ◽  
Author(s):  
Celal Taşdoğan ◽  
Bilgen Taşdoğan
Keyword(s):  
Air Pollutants ◽  
Economic Value ◽  
Value Added ◽  
High Growth ◽  
Air Pollutant ◽  
Sustainable Growth ◽  
Environmental Damage ◽  
Relative Importance ◽  
Input Output ◽  
Key Sectors

Turkey has realized high growth rates during the period of 2002-2011, except in 2008 and 2009 years. It is thought that the rapidly growing in the country may cause a lot of environmental damage, especially air pollution problems. In other words, the productive sectors have produced two outputs which are economic value added and air pollutants. This study used input output matrixes are to find out the strategically important sectors as it is known key sectors and weak sectors caused the environmental effects in the country. For this purpose, it has been tried to investigate air pollutant quantities which caused by the production process of the sectors in the period of 2002-2011 and performed the input-output tables for Turkey constructed in the World Input Output Database (WIOD) Project. These input-output tables include the emission satellite accounts, which are CO2 emissions and other air pollutants, respectively N2O, CH4, N2O, NOx, SOx, CO, NMVOC and NH3, disaggregated for the 34 sectors. It is expected that the outcomes of the study may contribute to sustainable growth debates and environmental policy implementations in Turkey.

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